Post Content

Governor Deval Patrick today announced a state-federal partnership to advance the Somerville Assembly Square Project. Joined by Senator John Kerry,Congressman Mike Capuano, and Somerville Mayor Joseph A. Curtatone, the Governor said more than $65 million in state bond and federal stimulus funds will support the public infrastructure improvements needed to accelerate a development project and create thousands of permanent jobs and long-term regional economic growth.

The Governor has committed $50 million as the state’s first project supported by Infrastructure Investment Incentive Program (I-Cubed) program bonds. I-Cubed creates a partnership between a developer, a host community and the state, helping municipalities and developers fund street, sidewalk, water and sewer and other infrastructure projects that ignite private development and stimulate the state’s economy. These funds will support public infrastructure improvements at the project.

The Congressional delegation and the Governor have also committed to using $15 million in American Recovery and Reinvestment Act (ARRA) Highway Transportation funding to complete the necessary infrastructure improvements for the mixed-use project.

A large, multi-phase project to be completed over several years, the Assembly Square project will ultimately result in 1.75 million square feet of office space, 1.15 million square feet of retail space including a new hotel, 2,100 rental and ownership condominium housing units and a new MBTA Orange line stop.

Learn more about Governor Patrick's Massachusetts Recovery Plan.

Written By:

Recent Posts

MassDOT, Boston Harbor Now Present Proposed Ferry Site Short List to Seaport Economic Council posted on Dec 11

MassDOT, Boston Harbor Now Present Proposed Ferry Site Short List to Seaport Economic Council

Members of the Seaport Economic Council convened today and were briefed on a dozen sites which have been identified by stakeholders as having the best potential for new or expanded ferry service.  As part of the ongoing Boston Harbor Water Transportation Study, routes between these   …Continue Reading MassDOT, Boston Harbor Now Present Proposed Ferry Site Short List to Seaport Economic Council

RMV New Steps: More Customers Eligible for Online Transactions posted on Dec 11

RMV New Steps: More Customers Eligible for Online Transactions

The Massachusetts Registry of Motor Vehicles (RMV) is taking steps to allow more customers the opportunity to renew a driver’s license or ID card online. The RMV has extended the length of time a customer can use a license photo from 9 years to 14   …Continue Reading RMV New Steps: More Customers Eligible for Online Transactions

MassDOT Continuing Snow and Ice Operations posted on Dec 9

MassDOT Continuing Snow and Ice Operations

MassDOT is continuing its snow and ice removal operations throughout Saturday evening and into the overnight hours and is continuing to remind members of the public to minimize travel if possible, exercise safe driving behavior, and make safe and informed decisions before heading out onto   …Continue Reading MassDOT Continuing Snow and Ice Operations